Major solar power energy investors in Russia 2023, by capacity

Leading solar power energy investors in Russia as of July 2023, by capacity

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Release date

July 2023

Region

Russia

Survey time period

as of July 2023

Supplementary notes

Under the capacity supply agreement (CSA) for renewable energy sources (RES), or ДПМ ВИЭ in Russian.

According to CSA 1.0, around 5.4 GW of renewable energy capacity were to be installed in Russia by 2024, of which 1.8 should have been attributable to solar energy. The solar energy targets were achieved already by 2022. Coupled with CSA RES 2.0, the country's total renewable capacity should approximate 12 GW by 2035.

The source adds that changes are possible in the implementation of certain CSA projects due to the current sanctions regime.

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